£696,961
This estimated value is based upon the latest sale price for the house of £300,000 on 31 Jul 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 31 Jul 2003 |
| £100,000 | 13 Jun 1997 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 2003 the House Price Index for WEST MIDLANDS was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £300,000 results in an estimated price of approximately £696,961.
| 31 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £300,000 | £396,961 | £696,961 |
The Postcode Pricing Model uses changes in average sales price within the B5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 14.252 % | £42,754 | £342,754 |
| 3 Month Average | -1.878 % | £-5,632 | £294,367 |
| 6 Month Average | 23.146 % | £69,437 | £369,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £112,010 | £110,050 | FLAT 3 GRIFFIN COURT WEST DRIVE |
| 30 Jun 2023 | £258,127 | £255,000 | 40 EAST DRIVE |
| 2 Jun 2023 | £253,065 | £250,000 | 11 SOUTH DRIVE |
| 8 Feb 2023 | £694,533 | £695,000 | 321 PERSHORE ROAD |
| 31 Jan 2023 | £333,429 | £335,000 | 15 WEST DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pavenham Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pavenham Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near North Drive |